Canada Food and Drink Report Q1 2014

Canada Food and Drink Report Q1 2014

Published: January 2014
Publisher: Business Monitor International (BMI)
Product ref: 191398
Pages: 114
Format: PDF
Delivery: Immediate download

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We do not expect major growth in the value of Canada's food and drink markets over the short term, partly on account of their maturity and partly due to the expectations that Canadian households will continue to face deleveraging, which is likely to hold back discretionary spending. Nevertheless, opportunities continue to be presented by trends such as increased health-consciousness and the receptiveness of consumers to innovation and marketing. Busy lifestyles and an increasing number of working women will promote the sales of convenient, easy-to-prepare products.

Headline Industry Forecasts (local currency) ¦ 2013 per capita food consumption growth = +0.99% year-on-year (y-o-y); forecast compound annual growth rate (CAGR) to 2017 = +1.29%; ¦ 2013 alcoholic drink sales growth = +2.98% y-o-y; forecast CAGR to 2017 = +4.04%; ¦ 2013 soft drink sales growth = +3.27% y-o-y; forecast CAGR to 2017 = +3.85%; ¦ 2013 mass grocery retail sales growth = +3.02% y-o-y; forecast CAGR to 2017 = +3.30%.

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By sector: General drinks

By market: Canada (in North America)


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